Budimex Mobility eyes expansion with nearly 500 new e-car charger locations

Budimex Mobility, the electric vehicle (EV) charging division of Budimex Group, is preparing to significantly expand its network with nearly 500 potential new charging station locations currently under review. The company already operates 170 active chargers and anticipates reaching 460 stations by the end of 2026, according to Cezary Łysenko, Board Member and Director of Infrastructure Construction.

“Today, Budimex Mobility operates 170 active chargers, including both AC and high-speed DC chargers,” said Łysenko in a press conference. “We are seeing greater demand for DC chargers, so we are transitioning some AC stations to DC to meet this need. Currently, we are evaluating nearly 500 new sites for expansion.”

Łysenko added that Budimex is considering partnerships with external investors to fund further mobility projects, given the capital-intensive nature of the business. The company projects its EV charging network will reach profitability around late 2026 or early 2027.

Budimex, a prominent player on the Warsaw Stock Exchange and part of the WIG20 index, is majority-owned by Spain’s Ferrovial. In 2023, the company reported consolidated revenues of PLN 9.8 billion.

Source: Budimex Mobility and ISBnews